scholarly journals Supplier, Tailor, and Facilitator: Typology of Platform Business Models

2019 ◽  
Vol 5 (3) ◽  
pp. 57 ◽  
Author(s):  
Kim ◽  
Min
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Distinct Group ◽  
Sustainable Growth ◽  
Business Strategies ◽  
Business Failure ◽  
Market Theory ◽  
Business Creation ◽  
Value Streams ◽  
The Impact

The platform business model is widely used because it is capable of various open innovation deliverables. However, it has a high probability of failure, caused by a variety of value streams that follow the two-sided market theory (each side has a distinct group of users). Therefore, extensive research on value streams and the attributes of platform business is essential to reduce platform business failure and ensure sustainable growth. By analyzing 21 case studies and conducting 30 in-depth interviews, this study proposes three types of Internet platform business strategies which can serve as a frame of reference to examine the impact of different value streams and open innovation on platform businesses. This study highlights a typology that sheds light on the heterogeneous meaning that corporates associated with creating new platform businesses adhere to and seeks to improve understanding of fundamental differences in platform business creation processes.

scholarly journals Formation of an Innovative Business Model of a Trade Organization in the Context of Economic Globalization

2021 ◽  
Vol 24 (6) ◽  
pp. 92-98
Author(s):  
Pavlo Hrynko ◽  
Alla Grinko ◽  
Tatyana Shtal ◽  
Hanna Radchenko ◽  
Mariia Pokolodna
Keyword(s):  
Business Models ◽  
State Regulation ◽  
The State ◽  
Retail Trade ◽  
External Factors ◽  
Business Strategies ◽  
Sharp Change ◽  
Innovation Potential ◽  
Innovation Activities ◽  
The Impact

The development of Ukrainian trade organizations in ordinary conditions is characterized by a high degree of inertia. Therefore, when situations that need to change arise, business strategies of market participants also change dramatically. Most often, such transformations are connected with external factors, such as the overall economic crisis, a sharp change in the state “rules of the game” in a particular sector of economic relations, as well as another external factor bond to the occurrence of new serious competitors. The development of organizational and economic mechanism to ensure the innovative development of retail trade, requires comprehensive consideration of internal and external factors of the studied system, the formation of strategies and programs to increase the innovation potential of its participants, their active interaction, increasing the use of innovative technologies, generating ideas and transformations. The article considers the issues related to the impact of business globalization processes on the transformation of business models of trade organizations and their operation strategy, as the degree of trade development indicates the standard of living and the state of the economy and society. The authors of the article suggest that retail organizations adapt to the changes in the macro and micro environment, using innovative components in economic and financial activities, which will ensure their competitiveness and prevent crises. The proposed model of an innovative trade organization allows to identify the goals components of innovation activities, which combine the strategic guidelines of the state regulation and help to improve the economic condition of trade organizations

The Impact of Social Business Strategies in Creating Empirical Social Business Models

2019 ◽  
pp. 210-230
Author(s):  
Siavash Moheb ◽  
Ali Golrokh
Keyword(s):  
Literature Review ◽  
Social Responsibility ◽  
Business Model ◽  
Business Models ◽  
Social Groups ◽  
Social Needs ◽  
Business Strategies ◽  
Social Business ◽  
The Social ◽  
The Impact

The purpose of this chapter is to define social business and its difference with conventional business type. Governments could not address all the social problems. Because they don't have the knowledge ore the money to do so .however big enterprises have much more resources. Social business is form at the intersection pf social needs and business expertise. Also corporates want to have a good publicity through social responsibility .social business can help them to run social responsibility process through a sustainable approach. The articles reviews the recent literature about social business evolution and definition. And then it goes through social business model literature review to run a social business the definition and models of conventional business models should be redefined. Finally it compare the different Social business models and introduces the social business components in the end there are two cases from Grameen group one of the leading social groups in the word.

Knowledge strategy and business model conditions for sustainable growth of SMEs

2015 ◽  
Vol 6 (3) ◽  
pp. 246-262 ◽  
Author(s):  
JinHyo Joseph Yun ◽  
WooYoung Jung ◽  
JeongHo Yang
Keyword(s):  
Sustainable Development ◽  
Business Model ◽  
Open Innovation ◽  
Business Models ◽  
Sustainable Growth ◽  
Content Type ◽  
Knowledge Strategy ◽  
Knowledge Strategies ◽  
Closed Innovation

Purpose – The purpose of this study is to figure out the factors for sustainable growth of small- and medium-sized enterprises (SMEs). Design/methodology/approach – In all, 27 SMEs in the area of IT (Information Technology) in Korea were analysed through interview method basically. Findings – It is found that sustainable development of SMEs requires two kinds of open innovation which are knowledge strategy and business model. According to developing process, SMEs change their open innovation strategy in knowledge strategy and business model. The highest growth limit of SMEs depends on open innovation in knowledge strategy and business model in sequence from closed innovation in both, through open innovation in both, to open innovation in knowledge strategy and closed innovation in business model and to closed innovation in knowledge strategy and open innovation in business model. Research limitations/implications – First, the present study was conducted with IT sector SMEs in Korea. It is true that the IT sector is one of the most rapidly changing industrial sectors and is one of representative business types of SMEs in which manufacturing and service industries coexist and diverse sizes of SMEs exist (Malerba, 2002). Second, the present study relies on case study methods. It is true that case study is a method that gives excellent qualitative analysis in firm studies (Yin, 2008). Practical implications – SMEs cannot survive if they do not accept open innovation in knowledge strategy and business model. SMEs that show absolute limitations in resources and manpower should absolutely implement open innovation strategies to secure more diverse resources from markets and external knowledge bases rather than preparing all resources and capabilities by themselves (Van de Vrande et al., 2009; Yun and Mohan, 2012a, 2012b). Social implications – SMEs should bear in mind the two different levels of open innovation, such as knowledge strategies and business models (Chesbrough, 2007; Chesbrough and Appleyard, 2007). Originality/value – SMEs should not confuse between temporally sustainable development and infinite sustainable development. Firms that take closed innovation strategies in both knowledge strategies and business models can also grow for some time. However, because of the deepening of knowledge-based economy, not only the amount of knowledge existing in the world and the speed of knowledge distribution increased but also the customers’ demands and expectations have been observed to increase in the market immediately through social networking sites (SNS), etc. (Yun and Ryu, 2012).

scholarly journals Organisational culture as a part in the development of open innovation - the perspective of small and medium-sized enterprises

Management ◽  
2016 ◽  
Vol 20 (1) ◽  
pp. 142-154 ◽  
Author(s):  
Katarzyna Szymańska
Keyword(s):  
Competitive Advantage ◽  
Open Innovation ◽  
Business Models ◽  
Growth Dynamics ◽  
Organisational Culture ◽  
Low Level ◽  
Cultural Mismatch ◽  
Number Of Factors ◽  
Innovative Solutions ◽  
The Impact

Summary The ability to introduce various concepts and business models is nowadays a prerequisite of creating a competitive advantage. This is to a large extent closely linked to the ability of enterprises to create, implement and disseminate a variety of innovative solutions. Today the use of open innovation is a necessity. This applies not only to large organisations, but also to small and medium-sized enterprises. In order to implement open innovation, small and medium-sized enterprises need to effectively manage their own growth through the preparation of appropriate strategies and the development of a model that encompasses all changes, taking into account a number of factors related to the growth dynamics of this sector. It is understood that an appropriate organisational culture plays an important role in the implementation of innovation in the sector of small and medium-sized enterprises. There are many indications that a cultural mismatch and misunderstanding are the main reasons for major problems related to the low level of implementation of innovation by small and medium-sized enterprises. The aim of the paper is to outline the issue of the impact of organisational culture on the development of the concept of open innovation in the sector of small and medium-sized enterprises.

scholarly journals Bank Business Models and Performance During Crisis in Central and Eastern Europe

2017 ◽  
Vol 10 (2) ◽  
pp. 79-113
Author(s):  
Alin Marius Andrieş ◽  
Simona Mutu
Keyword(s):  
Business Models ◽  
Business Strategies ◽  
Lower Probability ◽  
Bank Performance ◽  
Macroeconomic Conditions ◽  
Eu Membership ◽  
Bank Business Models ◽  
And Performance ◽  
Eastern European Countries ◽  
The Impact

AbstractThis paper investigates the impact of business models on bank performance during the period 2007-2008 among 156 banks from Central and Eastern European countries. The findings show that banks with higher capitalization perform better and present a lower probability of default. The orientation towards the traditional lending activities as well as a higher degree of income diversification boosts performance. Using a Difference-in-Difference framework we also highlight the importance of bank business strategies for bank performance across different bank characteristics (ownership, size) and macroeconomic conditions (financial crisis, EU membership status, regulatory framework.

scholarly journals Un paradigma de la nueva economía : el sector financiero en España

2007 ◽  
pp. 27
Author(s):  
José Luis Fanjul Suárez ◽  
Laura Valdunciel Bustos
Keyword(s):  
Business Models ◽  
Distribution Channel ◽  
Sustainable Growth ◽  
Business Strategies ◽  
Strategic Decisions ◽  
New Paradigm ◽  
Financial Products ◽  
Long Time ◽  
Use Of Internet ◽  
Internet Development

En los modelos de estrategia empresarial convencionales, las empresas decidían las tecnologías a emplear, en cambio, actualmente, es la tecnología la que dirige las decisiones estratégicas en la empresa asumiendo un rol desconocido hasta ahora.La forma de gestionar los negocios, ha modificado los supuestos económicos fundamentales sobre los que se sustentaban la mayoría de las empresas, transformando la economía industrial en lo que hoy llamamos economía digital. Este nuevo paradigma ha variado la configuración de las estrategias empresariales, tal y como, se concebían de la aparición de este nuevo fenómeno.El impacto de esta "nueva economía" por sectores está siendo desigual, el sector financiero ha sido ionero en el uso de internet como nuevo canal de distribución. El desarrollo de Internet permitirá conseguir un crecimiento sostenido debido a que la distribución de productos financieros no requiere un intercambio físico de bienes, ya que el dinero es desde hace ya mucho tiempo, un bien electrónico.En este trabajo se pretende hacer un breve análisis de la situación de la banca online en España, de las estrategias adoptadas por las entidades financieras más importantes de nuestro país, y de cómo ha influido este nuevo canal en los productos financieros que ofrecen estas entidades.<br /><br />Among the conventional strategic business models, companies decide which technologies should be used. Contrary to that, at present, technology takes the strategic decisions in businesses playing a role totally unknown so far.The way of managing businesses has modified the fundamental economic assumptions on which the vast majority of businesses were based transforming the industrial economy into what now is called digital economy. This new paradigm has changed the configuration of business strategies as they were understood before this new phenomenon appeared.The impact of this new economy is uneven depending on the sectors. The financial sector has pioneered the use of Internet as a new distribution channel. Internet development allows a sustainable growth because the distribution of financial products does not require a physical exchange of goods. The reason is that money has been, for a long time, an electronic good.This paper tries to analyze the situation of online banking in Spain, the strategies adopted by the most important financial concerns in the country, and how this new channel has influenced the financial products offered by those concerns.

scholarly journals Creative Destruction, Technology Disruption, and Growth

2019 ◽  
Author(s):  
Thomas Clarke
Keyword(s):  
Environmental Sustainability ◽  
Business Models ◽  
Digital Technologies ◽  
Creative Destruction ◽  
Digital Transformation ◽  
Business Strategies ◽  
Digital Networks ◽  
Intelligent Technology ◽  
The Impact ◽  
Technology Systems

The origins of modern technological change provide the context necessary to understand present-day technological transformation, to investigate the impact of the new digital technologies, and to examine the phenomenon of digital disruption of established industries and occupations. How these contemporary technologies will transform industries and institutions, or serve to create new industries and institutions, will unfold in time. The implications of the relationships between these pervasive new forms of digital transformation and the accompanying new business models, business strategies, innovation, and capabilities are being worked through at global, national, corporate, and local levels. Whatever the technological future holds it will be defined by continual adaptation, perpetual innovation, and the search for new potential. Presently, the world is experiencing the impact of waves of innovation created by the rapid advance of digital networks, software, and information and communication technology systems that have transformed workplaces, cities, and whole economies. These digital technologies are converging and coalescing into intelligent technology systems that facilitate and structure our lives. Through creative destruction, digital technologies fundamentally challenge existing routines, capabilities, and structures by which organizations presently operate, adapt, and innovate. In turn, digital technologies stimulate a higher rate of both technological and business model innovation, moving from producer innovation toward more user-collaborative and open-collaborative innovation. However, as dominant global platform technologies emerge, some impending dilemmas associated with the concentration and monopolization of digital markets become salient. The extent of the contribution made by digital transformation to economic growth and environmental sustainability requires a critical appraisal.

scholarly journals Impact of coupled open innovation on company business models: A case study of demand-driven co-creation

2020 ◽  
Vol 8 (3) ◽  
pp. 75-108
Author(s):  
Heini Malm ◽  
Minna Pikkarainen ◽  
Elina Hyrkäs
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Improve Patient Care ◽  
Healthcare Sector ◽  
Longitudinal Case Study ◽  
Healthcare Organizations ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Impact

Research on open innovation refers to a model in which innovation is driven by the needs of the customer. In the healthcare sector, healthcare organizations are often the core customers for companies that want to use e-health solutions to improve patient care and cost efficiency. We examined the impact of coupled open innovation on companies’ business models. The co-creation between network actors was done in a demand-driven manner based on the needs of healthcare professionals. We present the findings of a longitudinal case study in an international setting. The research generated a new demand-driven coupled open innovation framework that supports companies in the challenging task of exploring economically viable business opportunities. Our paper contributes to the knowledge management and open business model literatures by providing empirical knowledge on the knowledge absorption and impact of coupled open innovation in the company business models in the knowledge-based economy.

scholarly journals Transformation of the Restaurant Business as a Result of the COVID-19 Pandemic: Improving the Security of Service and Maintaining the Health of Human Capital

2021 ◽  
Vol 2 (3) ◽  
pp. 27-38
Author(s):  
Oleksandr Matsenko ◽  
Oleksandra Kubatko ◽  
Volodymyr Bardachenko ◽  
Kateryna Demchuk
Keyword(s):  
Human Capital ◽  
Customer Service ◽  
Business Performance ◽  
Business Models ◽  
The Elderly ◽  
Restaurant Industry ◽  
Business Strategies ◽  
Vulnerable Groups ◽  
Study Results ◽  
The Impact

The study identified socio-economic problems in the restaurant business, analyzed the dynamics of its decline and recovery during the pandemic COVID-19, considered innovative trends in the transformation of restaurant management. Systematization of literature sources and approaches to the study of the impact of epidemics and pandemics on restaurant activities showed that until 2019, cases of infection of restaurant visitors occurred. However, they were isolated or local (regional) in nature and attracted the attention of most medical researchers. The COVID-19 pandemic is global in heart and has affected all economic areas, including the restaurant industry. Therefore, the number of scientific papers in this field is proliferating. The urgency of solving the scientific problem is that during the COVID-19 pandemic, restaurant customers’ behavior and a significant increase in the number of online orders. This encourages restaurants to respond and transform their business models, business strategies and diversify sales channels. The research method is based on the statistical analysis of restaurant business performance indicators at the global level and the level of Ukraine and the analysis of innovative modern trends in the transformation of the restaurant business. The study results showed that the restaurant industry’s main problems in the period of quarantine restrictions and lockdowns are mass layoffs, declining sales, inability to adapt and transform to the new conditions of the restaurant business. Accordingly, the directions of transformation of the restaurant business based on breakthrough innovations to increase customer service safety during the pandemic are proposed. The article focuses on the possibilities of restaurants to promote the health of human capital by diversifying the menu for vulnerable groups, such as children, people with chronic diseases, members of certain racial and ethnic minorities, the elderly. The results of this study can help build a policy in the restaurant industry to overcome the crisis in this area and improve public health. Also, the results can be used by restaurants to increase their competitiveness based on specific transformation measures.

The Impact of Social Business Strategies in Creating Empirical Social Business Models

2015 ◽  
pp. 1-21
Author(s):  
Siavash Moheb ◽  
Ali Golrokh
Keyword(s):  
Literature Review ◽  
Social Responsibility ◽  
Business Model ◽  
Business Models ◽  
Social Groups ◽  
Social Needs ◽  
Business Strategies ◽  
Social Business ◽  
The Social ◽  
The Impact

The purpose of this chapter is to define social business and its difference with conventional business type. Governments could not address all the social problems. Because they don't have the knowledge ore the money to do so .however big enterprises have much more resources. Social business is form at the intersection pf social needs and business expertise. Also corporates want to have a good publicity through social responsibility .social business can help them to run social responsibility process through a sustainable approach. The articles reviews the recent literature about social business evolution and definition. And then it goes through social business model literature review to run a social business the definition and models of conventional business models should be redefined. Finally it compare the different Social business models and introduces the social business components in the end there are two cases from Grameen group one of the leading social groups in the word.

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